Dr. Syama Prasad Mookerjee Research Foundation

Salient Points of PM’s Address at DEFEXPO-2018 on 12 Apr, 2018

I am delighted & overwhelmed to see an enthusiastic gathering in this historic region of Kanchipuram in the great State of Tamil Nadu.

I am very happy to be here in the land of the great Cholas who established India’s historical civilization links through trade & education

This is the land of our glorious maritime legacy.
This is the land from where India Looked East and Acted East thousands of years ago

Our commitment to peace is just as strong as our commitment to protecting our people & our territory. For this we are ready to take all necessary measures to equip our Armed Forces, including through the establishment of a strategically independent defence industrial complex

We are conscious that defence manufacturing is unique in terms of govt. involvement. You need the govt. to grant a license to manufacture.

Since the govt. is almost the only buyer, you need the govt. to grant an order. You need the govt. even to grant permission to export.

Over the last few years, we have made a humble beginning.On defence manufacturing licenses, on defence offsets, on defence exports clearances, on Foreign Direct Investment in defence manufacturing, and on reforming our defence procurement, we have taken many steps.

We are committed to establishing 2 Defence Industrial Corridors: 1 in TN & 1 in UP. These will utilize defence manufacturing ecosystems in the regions & further build upon it. The corridors will become engines of economic development & growth of defence industrial base

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